The Purchasing Power of $100 by State
By Brad Beckett on October 18, 2024
Infographic: The Visual Capitalist looks at what $100 is worth in each U.S. state. Interestingly, the purchasing power of $100 can vary by as much as 26% from state to state. Click here to read more.
Read moreIs the Great Florida Migration Coming Undone?
By Brad Beckett on October 17, 2024
A recent article in the Wall Street Journal suggests that the “Great Florida Migration” might be coming undone. They say a surplus of housing inventory and dwindling buyer interest are slowing sales and recent hurricanes & extreme weather events are making it worse. Click here to read more.
Read moreApartment List’s National Rent Report – October ’24
By Brad Beckett on October 17, 2024
According to Apartment List’s National Rent Report for October 2024, national median rent dropped 0.5% to $1,405. Click here to read more.
Read moreICE Mortgage Monitor – October 2024
By Brad Beckett on October 16, 2024
According to the latest ICE Mortgage Monitor, serious delinquencies (loans 90+ days past due but not in active foreclosure) rose 14K (+3.3%) to a six-month high, but remain historically low. Click here to read more.
Read moreThe Reason We Invest
By Jeffery S. Watson on October 16, 2024
Jeff Watson says, one of the questions I ask real estate investors when I’m doing consultations or taking them on as new clients is, “What is your goal?” I’m not looking to discuss particular types of transactions, but rather what they are looking to accomplish with their investments from an economic standpoint. Obviously, the answers vary due to each individual’s specific situation, but they should have some consistent themes as to why investing is being done. Click here to read more.
Read moreGDP and Personal Income by State for Q2 2024
By Brad Beckett on October 15, 2024
The U.S. Bureau of Economic Analysis is reporting that America’s real gross domestic product increased in 49 states and DC in Q2 2024, with the percent change ranging from 5.9% at an annual rate in Idaho to –1.1% in Alaska. Click here to read more.
Read moreStates with the Highest Home Insurance Prices
By Brad Beckett on October 15, 2024
The recent devastation wrought by two major hurricanes have put the question of home insurance on the proverbial front burner. A recent article from Realtor.com says rising home insurance prices are affecting homeowners across the country with some states are feeling the pain more than others. Click here to read more.
Read moreCoreLogic’s US Home Price Insights – October 2024
By Brad Beckett on October 14, 2024
According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased year over year by 3.9% in August 2024 compared with August 2023. Click here to read more.
Read moreInflation Increases Hold Steady
By Brad Beckett on October 14, 2024
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% in September, 2024 (same as August). Click here to read more.
Read moreArgentina Scrapped its Rent Control and Now the Market is Thriving
By Brad Beckett on October 10, 2024
A recent story in the Wall Street Journal highlights how Argentina’s new President (who happens to be an economist), Javier Milei, scrapped their rental laws and most government price controls in an effort to revive South America’s second-largest economy. Click here to read more.
Read more